12-14 West 68th Street

JLL has been retained on an exclusive basis to arrange the sale of an extraordinary pair of boutique apartment houses at 12-14 West 68th Street. These five-story multi-family properties are situated on the south side of West 68th Street between Columbus Avenue and Central Park West in one of Manhattan’s most coveted neighborhoods. A stunning 55-foot-wide gated entrance opens onto a unique and beautifully landscaped front garden giving entrance to both buildings. Number 14, originally constructed as a grand country mansion circa 1875, stands as the oldest private residence on the Upper West Side. Its rich history is evident in every detail, from the soaring 16-foot ceilings to the distinctive mansard roof adorned with dormer windows, and the elegant brownstone and terra-cotta facade. Designed by renowned classic architect Louis Thouvard, the building was thoughtfully expanded in 1895 with a back wing, extending almost to the lot’s full depth. In 1914, the building was repurposed into 12 apartments and modernized with an elevator installation. Its younger counterpart, 12 West 68th Street, was erected in 1922 adjacent to number 14. This addition houses seven apartments including a spectacular penthouse accessible via the elevator in number 14. Together, the properties offer a combined space of 13,380 square feet, presenting a rare opportunity to own a unique piece of Upper West Side history. 

The buildings contain 19 apartments, and they are currently arranged as five studios, ten 1-bedrooms, three 2-bedrooms, and one 4-bedroom of which 17 are Free Market and 2 are Rent Stabilized. Unit 5A (12 West 68th Street) is a 2 Bed-Duplex with luxury finishes and an expansive rooftop balcony. 1A (12 West 68th Street) is a 4-bedroom duplex with access to private outdoor space, and unit 3A (#14) also has private outdoor space. All of the apartments have been well maintained and feature renovations of varying degrees. The buildings are heated by a shared gas-fired boiler located in the basement of #14.

12-14 West 68th Street represents an attractive opportunity to own a low maintenance, mostly Free Market building with strong in-place cash flow. The property will be sold on an as-is where-is basis.